Federalreserve monetary policy model for the XXI century under crisis test

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New elements of the Federal reserve monetary policy are discussed in this article. These are new approaches adopted during first two decades of the 21st century as the reaction on big shifts which occurred in the structure of the American financial market, and in the way it works today. The method of operative management of the level of interest rates on the financial market as one if the main tools of Federal Reserve monetary policy is discussed. The reasons are discussed which permit to use negative interest rates as an effective tool of monetary policy to encourage investments in bonds and stocks. The Fed policy is discussed and estimated, destined to help the economy to manage the problems created by the coronavirus pandemic.